With $1B in open interest, XRP and Solana are the new institutional trades

For years, CME’s crypto business was a one-asset story: Bitcoin, backed by its liquid futures market, and since 2022, a growing options market. The introduction of Ethereum futures diversifie...

By · · 1 min read
With $1B in open interest, XRP and Solana are the new institutional trades

Source: CryptoSlate

For years, CME’s crypto business was a one-asset story: Bitcoin, backed by its liquid futures market, and since 2022, a growing options market. The introduction of Ethereum futures diversified its crypto offering, but it still remained tied to the market’s largest asset. That narrative changed when it launched XRP and Solana futures. In just months, […]